About PIBQX
PGIM Balanced Fund Class R6 is a mutual fund that seeks to provide a blend of income and long-term capital growth by investing in a diversified mix of equities, fixed-income instruments, and money market securities. The fund typically allocates between 50% and 70% of its portfolio to equities, predominantly large-cap stocks, and the remainder to investment-grade bonds, aiming for effective diversification and disciplined risk management. Managed by PGIM Investments, the asset management arm of Prudential Financial, this fund integrates holdings spanning various sectors, including technology, communications, finance, and government securities. Notable equity holdings may include companies like Netflix, Verizon Communications, and Morgan Stanley, while the fixed-income allocation can feature both U.S. government and international bonds. The fund distinguishes itself with a relatively low expense ratio in its share class and offers quarterly dividend distributions, which contribute to its appeal among investors looking for a balanced approach. Since its inception in 2017, PGIM Balanced Fund Class R6 has aimed to serve long-term investors seeking a single solution for both growth and income through a carefully managed, multi-asset portfolio.
Fund Family PGIM
Category Allocation--50% to 70% Equity
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PIBQX
Share Class Class R6
Index S&P 500 TR
PIBQX had a total return of 10.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.65%.
